NextStor Storage
Closed1952 Smokey Park Hwy, Candler, NC 28715
Property type
Self Storage
Unit / Space count
236
Price
$2,625,000
Building size
33,055 sf
Rentable area
33,055 SF
Year built
Year renovated
Occupancy
Zoning code
Lot size
4.38 Acres
Sold/status
Sold · Date unknown
Sale price
$2625000
Property description
• Cash-Flowing Self Storage Facility Featuring 33,055 NRSF of Non-Climate Storage and 7 Outdoor Parking Spaces • Facility Just Underwent Major Renovations to Add Gravel Lot for Outdoor Parking, Fresh Paint for Exterior Buildings & Doors, Security Cameras, Automatic Gate w/ Keypad, and Extensive Sitework • Deal Includes BETCO Plans to Build an Additional 13,000 NRSF at the 1952 Smokey Park Hwy Location • Local Topography Creates Challenges for New Self Storage Development and a High Barrier to Entry for Competition • After Recent Upgrades to Gate Access, Fencing & Security Measures, Facility is Ready for Remote Management • Attractive Market Saturation Rate of Only 7.2 SF/Capita Within Three Miles of the Property • Growing Population of 33,572 Residents and an Average Household Income of $74,203 Within Five Miles of the Property • Candler, North Carolina, is Located Just West of Asheville and is Home to 27,885 Residents • The Asheville MSA is the Seventh Largest in North Carolina and is Home to 413,463 Residents